Which is NOT considered an example of exposure?

In the context of insurance, "exposure" refers to a condition or situation that presents a risk of loss or damage. It's typically related to potential hazards that could lead to a claim being made. Examples of exposure usually involve direct risks that could result in financial loss.

An auto accident, a house fire, and a pet biting a mailman all represent specific incidents that could result in insurance claims; therefore, they are considered examples of exposure. Each of these scenarios presents a significant risk and is directly related to potential financial loss or damages associated with an insurance policy.

On the other hand, an employee being promoted does not embody a risk that leads to a loss or damage in the same way that the other choices do. While promotions can have financial implications or impact employment liability, they do not represent a direct exposure to physical loss or damage in an insurance context. Thus, this choice stands out as not fitting the definition of exposure in the realm of insurance.